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Britain's economy is "not yet prepared" for a disorderly no-deal departure from the European Union next month, Bank of England governor Mark Carney warned Thursday.
"Although many companies are stepping up their contingency planning, the economy as a whole is still not yet prepared for a no-deal no-transition exit," Carney said after the central bank slashed its economic growth forecasts.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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